If both the unemployment rate and the inflation rate decrease, you predict that _ .
A) the natural unemployment rate has decreased
B) the expected inflation rate has increased
C) the natural unemployment rate has increased
D) the economy has moved along its short- run Phillips curve

Question

Quizplus · Accepted Answer

The Answer of If both the unemployment rate and the inflation rate decrease, you predict that _ .
A) the natural unemployment rate has decreased
B) the expected inflation rate has increased
C) the natural unemployment rate has increased
D) the economy has moved along its short- run Phillips curve

If Both the Unemployment Rate and the Inflation Rate Decrease